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BUILDING TRUST.
REIMAGINING COMMUNITIES.
BROADENING HORIZONS EVERYWHERE.

We are a leading full-service commercial real estate investor known for our unique approach to creating value.

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Investment

We focus on acquiring premier sites in strong growth markets and developing well-designed properties that generate long-term economic benefits. Every development project is rigorously vetted by our investment committee with a conservative capital structure to mitigate risk. Our goal is to generate stable and growing distributions for our investors, while protecting them against downside risk through assets diversified by sector and geography.

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Development

We are highly experienced and tenured at effectively managing complex projects. From initial master planning to navigating entitlement processes, and all the way through to project completion, the development team at PEG executes on our robust pipeline with precision, delivering the finest of assets.

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Construction

With the uncertainty of future supply chain issues and current labor market shortages, there is an unknown risk when considering a third-party general contractor. At PEG, we are addressing this uncertainty head-on by utilizing and employing PEG Construction, our own internal construction company, allowing for greater control over staffing and scheduling while minimizing costs.

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Asset Management

Asset Management

 

Every PEG investment has an experienced asset manager dedicated to the property to represent ownership interests and ensure that property management teams adhere to or exceed expected business plan performance. With deep insight into market trends, our team skillfully executes disposition strategies with strategic timing and boasts a proven track record of maximizing asset returns for the benefit of our investors.

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Property Management

PEG Property Group [PPG] is a leading full-service property management firm, based in Provo, UT with dozens of properties under management across the United States. Our entrepreneurial expertise, obsession with performance, and prodigious alignment with client-owners are some of the many reasons why we have distinguished ourselves as the property management company of choice for our residents, tenants, employees, and investors.

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Hospitality Services

We believe that enduring success begins with a best-in-class experience delivered to the guest, fostered by the relationships built through top-quality associates and development partners. In the five-plus decades since the Pearson family founded what eventually became PEG Hospitality, our hospitality management group has grown an impressive portfolio in excess of 3,000 keys under some of the most recognized hotel brands including those from Hilton Hotels Group, Marriott International, Hyatt Hotels, and IHG.

PEG by the Numbers

Year
Founded

2003

Total
AUM

$1.9B+

States/
Provinces Entered

29

Team Members Nationwide

1100+

Company News

PEG Companies Converts Former Dallas Hotel, Reopens as ‘Avia Apartments on Alpha’

Oct 28, 2024

PEG Companies Prepares for Above-ground Construction on Highly Anticipated AC Hotel by Marriott Scottsdale

Aug 1, 2024

PEG Companies Secures Building Permits for Dual-Branded Hotel in Irving, Texas

Jul 16, 2024

PEG Companies Receives Certificate of Occupancy for Avia Lofts on Liberty Ridge

Jun 10, 2024

PEG Companies Appoints Garett Bjorkman as Co-Chief Executive Officer

Featured

Apr 24, 2024

PEG Companies Appoints Inaugural Chief People Officer, Rachel Asbury

Press Release

Apr 17, 2024

Utah Business Honors Cameron Gunter as 2024 CEO of the Year

Mar 21, 2024

PEG Companies Expands Hospitality Portfolio with Strategic Acquisition of Residence Inn Salt Lake City Cottonwood

Press Release

Mar 18, 2024

PEG Companies Breaks Ground on Largest Hotel-to-Apartment Conversion Project to Date

Press Release

Feb 7, 2024

PEG Companies, City of St. George Seek Artist to Paint Large Downtown Mural

News

Jan 16, 2024

100-Year Old Phoenix Building Turned Swanky, Eclectic Hotel

Featured

Jan 15, 2024

PEG Property Wins ‘Best Downtown Phoenix Hotel’

Dec 22, 2023

The Moxy Phoenix Downtown Celebrates Grand Opening

Featured

PEG Companies Secures Construction Loan for 168-Key AC Hotel by Marriott in Scottsdale, AZ

Dec 11, 2023

PEG Companies, Woodbury Corporation Close on Desert Color Construction Loan

Dec 7, 2023

Salt Lake Tribune Ranks PEG Companies Among 2023 Top Workplaces

Nov 28, 2023

PEG Companies Awards Scholarship to Deserving University of Utah Student

Nov 14, 2023

Global Publication Zeros In On Thriving Mountain West Region, PEG Companies

Nov 2, 2023

PEG Companies Launches Conversion Construction on Vancouver, WA Hotel

Nov 1, 2023

Community Groundbreaking Commences Idaho’s Largest Build-for-Rent Project

Featured

Oct 6, 2023

Avia Lofts on Victor’s Way Secures Certificate of Occupancy, Begins Welcoming New Residents

Oct 4, 2023

PEG Companies Recognized Among Utah’s Elite ‘Fast50’ Companies

Aug 28, 2023

Highly Anticipated SpringHill Suites by Marriott Brings 117 New Guest Rooms to Scottsdale

Aug 22, 2023

PEG Property Group Launches Short-Stay Strategy at Multifamily Communities in Salt Lake City

Aug 9, 2023

PEG Companies Secures Building Permits for Hotel-to-Apartment Conversion in Jacksonville, Florida

Featured

Aug 7, 2023

PEG Announces the Passing of Reed Halladay, Board Member, Equity Partner, and Friend

Featured

Jul 20, 2023

PEG Companies Commences New Hotel-to-Apartment Conversion Project in Dallas

Jul 3, 2023

PEG Hospitality Group’s Chef Shon Foster Named ‘Chef of the Year’ at Best of State Awards

Jun 27, 2023

Largest ‘Self-Parking’ Mechanical Car Lift System in Mountain West Region Unveiled at Paperbox Lofts

Featured

Jun 23, 2023

PEG Companies Breaks Ground on Seven-Story Multifamily Building in Downtown Millcreek

Jun 7, 2023

Ada County Welcomes New Upscale Build-For-Rent Community to Town

Apr 20, 2023

Highly Anticipated Courtyard by Marriott Nanaimo Hotel Opens for Business

Mar 15, 2023

Tucson Community Ushers In Next Phase of Expansion in Mercado District with Groundbreaking Ceremony

Featured

Mar 3, 2023

Neighborhood Hotel Sells After Strategic Conversion and Rebranding as Apartments

News

Feb 14, 2023

PEG Companies Closes Loan, Breaks Ground on Idaho’s Largest Build-for-Rent Project

News

Feb 1, 2023

New Workforce Housing Community, “Avia Apartments at North Shore,” Opens for Business

Featured

Jan 25, 2023

PEG Companies Rebrands Hospitality Management Division to ‘PEG Hospitality Group’

Featured

Oct 17, 2022

PEG Companies Acquires 40-Acre Site in Caldwell for Build-for-Rent Project

Oct 13, 2022

Salt Lake Community Welcomes New Wellness-Centered Residential Community to South Downtown Neighborhood

News

Sep 29, 2022

Fairfield Inn & Suites Afton Star Valley Wins Diamond Circle Award

Featured

Aug 2, 2022

PEG Companies Expands, Relocates Corporate Headquarters

Press Release

Jul 19, 2022

Hyatt Place Boise/Downtown Wins Travelers’ Choice Award for Another Consecutive Year

News

Community Celebrates Grand Opening of The Green on Campus Drive

News

Jun 3, 2022

PEG Companies Closes on a 9-Property Hotel Portfolio for Conversion Into Multifamily Communities

News

May 11, 2022

PEG Companies Breaks into Idaho Multifamily Market with Firm’s First Ever Build-for-Rent Project

News

Jan 5, 2022

New PEG Companies Fund to Pave the Way for Build-for-Rent Housing in the Mountain West

News

Oct 7, 2021

PEG Awarded ‘Best Full-Service Real Estate Company – Utah’ by BUILD Magazine

News

Oct 3, 2021

PEG Named #2 ‘Economic Engine’ by Utah Valley BusinessQ Magazine

News

Sep 25, 2021

PEG Companies to Reinvent the Modern-Day Office Experience in Provo, Bring Large Mixed-use Development to Downtown Core

News

Aug 18, 2021

Workforce Housing Community Opens in Indianapolis as Investors Find New Use for Aging Residence Inn Hotel

News

Aug 12, 2021

Community Celebrates Rochester, MN’s First Completed Opportunity Zone Project, a Hyatt House Hotel

News

Jun 29, 2021

PEG Companies Accepts CCIM Hospitality Development of the Year Award

News

May 19, 2021

PEG Companies Acquires a Second Extended Stay Hotel in Overland Park, Begins Leasing Units as Apartments

News

May 10, 2021

Rochester’s First Qualified Opportunity Zone Project, Hyatt House Rochester Mayo Clinic Area, Opens for Business

News

Mar 25, 2021

Hyatt House Rochester Mayo Clinic Area Set to Open March 25

News

Mar 11, 2021

New “Gray Collar” Housing Being Built By Disney World

News

Mar 2, 2021

PEG Companies closes on 15th Extended-Stay Hotel Acquisition, a Hawthorn Suites in Overland Park, KS

News

Feb 22, 2021

PEG’s Extended-Stay Conversion Strategy Gets Noticed

News

Feb 18, 2021

PEG Companies Begins Converting Habitat Suites Hotel in Austin Into Quality Class B Apartments

News

Feb 16, 2021

PEG Companies Acquires Residence Inn Buffalo Amherst Hotel, Begins Leasing Units as Apartments

Press Release

Feb 9, 2021

PEG Companies Begins Construction on Freedom Commons Phase I

News

Feb 1, 2021

SpringHill Suites Salt Lake City – West Valley Opens for Business

News

Jan 15, 2021

Avia Apartments at Reedy Creek Opens for Business, Begins Leasing Units

News

Jan 12, 2021

Residence Inn Buffalo Amherst Gets New Owner, New Future as Apartments

News

PEG Companies, Colmena Group Close on Sale of Milagro Apartments

News

Jan 10, 2021

PEG Companies Unveils New “Avia Apartments” Brand in Unique Extended Stay Conversion Strategy, Value-Add Fund

News

Nov 24, 2020

Long-Awaited Student Housing Community Opens Adjacent to Utah Valley University

News

Sep 1, 2020

Hyatt House Rochester Deemed ‘Essential,’ Moves Forward Amid COVID-19 Pandemic

News

Jun 29, 2020

PEG Companies Rebrands Property Management Division as ‘PEG Property Group’

News

Jun 16, 2020

In-Group Hospitality: A PEG Company Rolls Out Enhanced Cleaning Protocols as Hotels Relaunch in the Age of COVID-19

News

May 26, 2020

Unique Art Deco-Inspired Apartment Community Approved for Construction in Salt Lake City

News

Mar 4, 2020

PEG Companies Submits Application for the Redevelopment of the Base of Park City Mountain

News

Feb 14, 2020

PEG Companies Announces Upscale Hotel Conversion Plan for Recently Purchased Historic Luhrs Building

News

Jan 31, 2020

PEG Companies Breaks Ground on Courtyard by Marriott Nanaimo Hotel

News

Jan 30, 2020

St. George, Utah’s First Full-Service Luxury Boutique Hotel Opens for Operation

News

Jan 1, 2020

Franchise Prototype for New Generation of Buffalo Wild Wings® Opens in Bozeman

News

Dec 23, 2019

PEG Companies Responds to Nightmare on Main Street “MarriNOT” Display

News

Nov 4, 2019

PEG Companies, West Valley City Usher in ‘New Downtown’ at Foundation Ceremony

News

Oct 9, 2019

PEG Companies to Host Public Open House for Proposed Tribute Collection Boutique Hotel in Ketchum

News

Sep 23, 2019

PEG Companies Opens New Staybridge Suites Hotel in Phoenix

News

Sep 10, 2019

Community Breaks Ground on Utah’s First Opportunity Zone Investment

News

Jul 26, 2019

PEG Companies Announces Acquisition of Eight Hotels Across United States

News

PEG Companies, Woodbury Corporation Break Ground on Long-Awaited Student Housing Development

News

Autograph Collection’s Second Utah Hotel Nears Completion

News

Jul 12, 2019

PEG Companies Seeks Community Input Regarding Proposed Boutique Hotel

News

Jun 4, 2019

Community Breaks Ground on Rochester’s First Opportunity Zone Investment

Apr 11, 2019